NORTH SEA SHIPPING HOLDING AS
Score · fiscal year 2024
42of 100
How to read this: the company is ahead of 35 % of small companies in the same sector in 2024. What does this mean?
Rank: 376 of 586 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 38 and solidity 28 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
NORTH SEA SHIPPING HOLDING AS is 8 points below the median for small companies in the same sector in 2024.
Median score 50 among 324 companies.
Against small companies in the same sector in 2024: operating margin −1,413.8% (median 4.2%) and equity ratio 23.7% (median 52.4%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 3 MNOK |
| Operating margin | −1,413.8% | 4.2% |
| Profit margin | 5,493.1% | 10.1% |
| Return on assets | 14.9% | 3.4% |
| Equity ratio | 23.7% | 52.4% |
| Debt-to-equity | 3.22 | 0.41 |
| Current ratio | 2.03 | 1.74 |
| Revenue growth | 4.7% | 3.4% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 42, NORTH SEA SHIPPING HOLDING AS does better than 35% of small companies in the same sector (325 companies) in 2024.
Score 2023–2025
- NORTH SEA SHIPPING HOLDING AS
- Median: small companies in the same sector
What the numbers say
NORTH SEA SHIPPING HOLDING AS had an operating margin of −1,413.8% and an equity ratio of 23.7% in 2024, and ranks 376 of 586 in Olje og gass.
From 2023 to 2024: the operating margin fell from −857.5% to −1,413.8% and the equity ratio fell from 43.6% to 23.7%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 398 MNOK and 994 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 994 MNOK |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 398 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −1,413.8% (median 4.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Extreme margin: check the figures
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 38 | weight 30% |
|---|---|---|
| Solidity | 28 | weight 25% |
| Liquidity | 55 | weight 15% |
| Growth | 52 | weight 15% |
| Consistency | 53 | weight 15% |
Durability: 46 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is NORTH SEA SHIPPING HOLDING AS?
The operating margin was −1,413.8% in 2024, against a median of 4.2% among small companies in the same sector. Return on assets was 14.9%.
How solid is NORTH SEA SHIPPING HOLDING AS?
The equity ratio was 23.7% in 2024 (median 52.4%). Debt-to-equity was 3.22 (median 0.41).
What is the liquidity of NORTH SEA SHIPPING HOLDING AS like?
The current ratio was 2.03 in 2024 (median 1.74).
How does NORTH SEA SHIPPING HOLDING AS compare in Olje og gass?
NORTH SEA SHIPPING HOLDING AS ranks 376 of 586 in Olje og gass for 2024. Among companies of the same size (small companies) it ranks 211 of 325. Revenue changed by 4.7% from the year before.
Group accounts · 2025
73 of 100
Rank 88 of 975 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2024) |
|---|---|---|
| Operating margin | 36.7% | – |
| Return on assets | 17.7% | – |
| Equity ratio | 59.7% | – |
| Current ratio | 2.98 | – |
| Revenue growth | 0.7% | – |
Group index in earlier years: 2023: 88 (36 of 1176), 2024: 78 (52 of 994).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 945833688
- Legal form
- AS · part of a group
- Sector
- Olje og gass (09.109)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 10 December 1987 38 years in operation
- Share capital
- 4.34 MNOK
- Business address
- Kvaløya 18, 5385 BAKKASUND (AUSTEVOLL)
- Municipality
- Austevoll rank 1 of 18 in KOSTRA group 2
- Latest accounts filed
- 2025
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- Geir Klepsvik
- Chair of the board
- Hallvard Bertin Klepsvik
- Board member
- Harald Torbjørn Klepsvik
- Board member
- Finn-Helge Klepsvik
- Board member
- Lena Dorthea Økland
- Board member
- Janne Klepsvik
- Auditor
- ERNST & YOUNG AS
- Accountant
- AIDER AS
Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 49 | 42 | 46 | |
| Rank | 283 | 376 | 330 | |
| Operating margin | −857.5% | −1,413.8% | −1,762.0% | |
| Return on assets | 16.6% | 14.9% | 33.8% | |
| Equity ratio | 43.6% | 23.7% | 43.3% | |
| Current ratio | 2.56 | 2.03 | 1.82 | |
| Revenue growth | – | 4.7% | 0.0% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 1.7 MNOK | 1.8 MNOK | 1.8 MNOK |
| Operating profit | −14.4 MNOK | −24.9 MNOK | −31.0 MNOK |
| Profit before tax | 132.9 MNOK | 96.8 MNOK | 451.7 MNOK |
| Net profit | 130.1 MNOK | 99.4 MNOK | 425.4 MNOK |
| Financial expenses | 65.4 MNOK | 153.6 MNOK | 100.8 MNOK |
| Total assets | 1,196.0 MNOK | 1,679.3 MNOK | 1,632.9 MNOK |
| Current assets | 391.9 MNOK | 571.5 MNOK | 242.7 MNOK |
| Equity | 521.8 MNOK | 397.5 MNOK | 706.2 MNOK |
| Retained earnings | 517.5 MNOK | 393.2 MNOK | 701.9 MNOK |
| Total liabilities | 674.2 MNOK | 1,281.8 MNOK | 926.6 MNOK |
| Current liabilities | 153.2 MNOK | 280.9 MNOK | 133.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5820497.
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